8:21 am, June 1, 2016
MOTORPOINT has announced the acquisition of a car supermarket site near Birmingham for an undisclosed sum.
According to Motorpoint, the largest independent vehicle retailer in the UK, the new site is expected to be operational by July 2016.
Based in Oldbury, the supermarket is approximately five acres and is located just off junction two of the M5. The site will stock 500 low-mileage nearly new vehicles from 30 different manufacturers and will have access to Motorpoint’s further 5,500 car stock.
This acquisition complements the group’s existing West Midlands site at Aston Cross and brings its total number of sites to 11.
Mark Carpenter, chief executive of Motorpoint, said: ‘We are delighted to have completed this acquisition as the Motorpoint brand has proved extremely popular across the West Midlands since we launched our Birmingham site three years ago.
‘The new site will give even more people the opportunity to experience our compelling customer proposition, combining choice, value and service.’
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